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 Innova Card and Hypercom Team to Develop New Products Integrating Universal Secure Integrated Platform

PARIS, CARTES 2005, November 17, 2005 -- Innova Card, a fabless semiconductor company specializing in the design and development of secure solutions for smart card terminals and Hypercom Corporation (NYSE: HYC), global payment technology innovator today announced an alliance to develop and bring to market products integrating USIP® Professional IC.
USIP® Professional IC (Universal Secure Integrated Platform) is an EMV and FINREAD compliant System on Chip (SoC) that integrates all the security and application management functionalities required to build new generations of trusted devices. USIP® Professional IC has been designed to be the most interoperable, secure and integrated chip, and is ideal for an array of applications including payment, banking, healthcare, e-government and multimedia, to name just a few.
The new USIP® Professional IC incorporates the most secure 32-bit 100Mhz RISC processor (MIPS32® 4KSd™) from MIPS® Technologies, internal memories (128KB ROM, 128KB SRAM, and 256KB FLASH), and a full panel of controllers and analogue/digital interfaces. The IC also provides a large set of patented security and cryptographic features that facilitates application development and enhances the global security level of point-of-sale/point-of-interaction products.
“This alliance with Innova Card speaks to our ability to quickly identify, engage and harness the advanced technologies that can benefit the market now and going forward,” said Neil Hudd, senior vice president, Global Product Development and Marketing, Hypercom Corporation. “That capability fortifies our ability to compete globally for greater market share and profits.”
”This strategic agreement with Hypercom underscores our state-of-the-art know-how, and aligns us with the clear leader in global payment technology,” said Bruno Bernard, CEO of Innova Card. “This alliance will help boost the deployment of PCI-approved products globally, and strengthen our respective positions on the market.”
About Hypercom (www.hypercom.com)
Widely recognized as the global payment technology innovator, Hypercom delivers complete card payment terminal, network access device, server and transaction networking solutions that help merchants and financial institutions generate revenues and increase profits. Hypercom’s card payment terminal, network and server solutions are leading the transformation of electronic payments in more than 100 countries. The company is headquartered in Phoenix, Arizona.
About Innova Card (www.innova-card.com)
Innova Card is a semiconductor fabless company that designs complex Systems on Chip (SoC) and provides secure hardware and software solutions for trusted terminals (EFTPOS, PINPAD, USB token, smart card readers). Innova Card’s solutions are based on USIP® Professional IC, the most secure and integrated platform (EMV and PCI PED compliant). The company is headquartered in La Ciotat, France.
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Hypercom is a registered trademark of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners. This press release includes statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding market share growth, market acceptance of new products, product performance, product sales, revenues and profits. These forward-looking statements are based on management’s current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include the ability to attract and retain qualified and experienced executives; the ability to win new customers and new businesses; industry, competitive and technological changes; the loss of, and failure to replace any significant customers; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and services; the performance of suppliers and subcontractors; risks associated with international operations and foreign currency fluctuations; the state of the U.S. and global economies in general and other risks detailed in our filings with the Securities and Exchange Commission, including the Company's most recent 10-K and subsequent 10-Qs. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. HYCP
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